Absa Group Limited today announced that it has successfully migrated the banking platform used by six of its African subsidiaries – in Botswana, Ghana, Mauritius, Barclays Tanzania, Seychelles and Zambia – from Barclays Plc’s data centre in the United Kingdom to Absa’s data centre in South Africa.

Absa Group Reports Increase in 2018 Earnings; Resets for Delivery Against Strategy

We have stepped up efforts to combat a recent spike in illicit debit orders and will file criminal charges against those suspected of being responsible.

We have summarised Finance Minister Tito Mboweni’s one-hour maiden Budget speech, in which he had to juggle a lack of revenue, a need to cut costs, and urgent spending requirements, to bring you what you need to know.

Absa Wealth Management has won several first places in the prestigious Euromoney Private Banking and Wealth Management Survey 2019, testimony to the bank’s excellent Wealth offering.

Absa and The Digital Academy hosted a technology showcase on 31 January 2019 to unveil solutions and applications built by The Digital Academy interns as part of a six-month programme aimed at helping to bridge a skills shortage in the technology and banking sectors.

The World Bank’s Identification for Development (ID4D) Initiative is partnering with WorkInProgress, an Absa Innovation Lab in Cape Town, to host a ‘solveathon’ workshop for the inaugural Mission Billion Challenge.

Absa’s Group Chief Executive Officer, Maria Ramos will retire at the end of February 2019. Maria has been Group Chief Executive since 2009 and she has led the Group through significant milestones. René van Wyk has been appointed as the Interim Chief Executive.

We are pleased to announce that Sandro Bucchianeri, Absa Acting Group Chief Security Officer, has been named a member of the Payment Card Industry Security Standards Council’s (PCI SSC’s) newly-elected Board of Advisors

We have agreed to acquire Societe Generale’s derivatives clearing, custody and trustee services business in South Africa, subject to regulatory approvals. We have signed a memorandum of understanding to cooperate in offering services to clients in 27 countries in Africa.